US Firm MW Solar Secures CAD 50 M Invt Commitment to Go Public Updated On Mon, Jan 3rd, 2022 by Saurenergy US firm MW Solar has signed an agreement with GEM Global Yield, a Luxembourg-based private alternative investment group, to receive a share subscription facility of up to CAD 50 million for a 36-month term following a public listing. The share subscription facility will allow MW Solar to draw down funds by issuing shares of common […] Read more
Senior Engineer – Electrical Updated On Mon, Jan 3rd, 2022 by Saurenergy Principal Duties and Responsibilities:- Design (Concept, FEED and Detail Design) of Transmission and Distribution Systems upto 400kV – for Utility Companies based on International standards – for, UK, Europe, Middle East and South East Asia regions. Experience in Design of HV/LV Distribution systems for Oil & Gas Sector , Thermal , Hydropower generation Sector will […] Read more
“Lead-acid Batteries are here to stay”, Ahila Krishnamoorthy, Daramic Updated On Fri, Dec 31st, 2021 by Saurenergy Despite the increasing build up around lithium-ion batteries, which are poised to become the next big thing in battery storage space, demand for lead-acid batteries continues to grow steadily, if not spectacularly. The 90 year old US firm Daramic is at the centre of this transition, with a big stake in the sector. With its […] Read more
Amara Raja To Invest €10 million In EV Battery Specialist Inobat Auto Updated On Fri, Dec 31st, 2021 by Saurenergy India’s second largest battery maker, Amara Raja Batteries is investing €10 million in InoBat Auto, a Norway based firm focused on research and development in the field of batteries for electric vehicles and production of lithium-ion battery cells as well as tailored and customs cells. The investment will be in the form of a subscription […] Read more
Reliance Buys Sodium Ion Battery Firm, Faradion Limited in £100 Million Deal Updated On Fri, Dec 31st, 2021 by Saurenergy In a regulatory filing on December 30, Reliance Industries Limited has announced that its solar subsidiary, Reliance New Energy Solar Limited (RNESL), will buy UK based sodium ion battery technology provider Faradion Ltd for 100 million pounds including debt. Sodium Ion batteries have been considered a solid prospect for lower storage costs. Or as Faradion’s […] Read more
MNRE Updates Wind Manufacturer’s RLMM List, 15 Players Make The Cut Updated On Thu, Dec 30th, 2021 by Saurenergy The Ministry of New and Renewable Energy (MNRE) has released its revised list of Wind Turbine Models and Manufacturers approved for use within India. The fresh Revised list of Models and Manufacturers (RLMM) comprises exclusively onshore wind turbine models, with some interesting takeaways from the list. The list comprises 15 approved firms in all, a […] Read more
NTPC RE Arm to Get Strategic Investor Ahead of Oct’22 Listing Updated On Wed, Dec 29th, 2021 by Saurenergy State-run power giant NTPC plans to rope in a strategic investor for its clean energy arm NTPC Renewable Energy Ltd (NREL) ahead of its listing on bourses in October 2022, according to a senior official, media reports have said. The listing of NREL is part of the state-run power giant’s overall Rs 15,000-crore divestment plan […] Read more
Pune Municipal Corp to form SPV for Erecting Solar Plant Updated On Wed, Dec 29th, 2021 by Saurenergy Pune Municipal Corporation (PMC) has given a nod to form a special purpose vehicle (SPV) to generate solar power and purchase it from the company that sets up the plant for next twenty years at a fixed rate. PMC along with the Centre’s Energy Efficiency Service Limited (EESL) plan to generate the solar power and […] Read more
New Report Offers Insight on Lowering Commercial EV Battery Costs Updated On Wed, Dec 29th, 2021 by Saurenergy A steady stream of headlines illustrates significant progress in commercial vehicle markets. New technologies come to market regularly, and tens of millions of incentive voucher dollars are fully reserved in minutes. However, the zero-emission electric commercial vehicle market has a challenge at its core – battery costs and sourcing and supply conditions. Clean transportation solutions […] Read more
